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BitPay Chief Compliance Officer Named Atlanta Business Chronicle’s 2019 Corporate Counsel Award Honoree

May 8, 2019

ATLANTA--(BUSINESS WIRE)--May 8, 2019--BitPay, the largest global blockchain payments provider, today announced its Chief Compliance Officer Jeremie Beaudry is among Atlanta’s elite legal experts as a Specialist Counsel Honoree from the Atlanta Business Chronicle’s 2019 Corporate Counsel Award sponsored by the paper and the Association of Corporate Counsel Georgia Chapter. The Specialist Counsel is recognized as an outstanding corporate counsel specializes in a field such as employment, tax, privacy, IP, and/or real estate.

Mr. Beaudry and BitPay are among legal executives from leading Atlanta companies including TSYS, NCR Corp., Inspire Brands, The Coca-Cola Co., The Home Depot Inc., HD Supply and Cox Enterprises. The winners will be honored at a luncheon on May 8 and will be featured in a special section in the May 10 issue of Atlanta Business Chronicle.

“Jeremie is an incredible asset to the BitPay team and it’s an honor to see him being recognized for his hard work,” said Stephen Pair, co-founder and CEO of BitPay. “He has developed a team and built a strong risk and compliance framework to make sure BitPay follows the applicable rules and regulations on different continents.”

BitPay leverages the promise blockchain provides with transactional transparency. It is impossible to use a blockchain payment method like Bitcoin for fraud as every transaction is verified, recorded and stored on a public, tamper-resistant ledger. Further as a push transaction, similar to taking cash out of a wallet, the user sends the exact amount of Bitcoin needed to pay the bill. This eliminates traditional credit card fraud and identity theft risks associated with credit cards. As a result, there are no chargebacks. One of the biggest headaches businesses have today is chargebacks and for online merchants this headache is compounded with the added risk identity theft and fraud. In 2011, BitPay saw the potential to make it easy for businesses to accept blockchain payments and revolutionize the financial industry

Mr. Beaudry started with BitPay 2.5 years ago and oversees global compliance as Chief Compliance Officer. Over his twelve-year career, Mr. Beaudry developed expertise with contract drafting, privacy matters, negotiations, contract review, risk management, public speaking, compliance, legal issues, blockchain analysis, Bitcoin, money transmission, state licensing, AML, BSA audits, training, and employee development, creating presentations, governance, and political strategy.

He has a Bachelor of Business Management from Kennesaw State University, a law degree from Atlanta’s John Marshall Law School and several industry licenses such as an Associate in Risk Management (ARM) and an Associate in Information Technology (AIT). Mr. Beaudry is a member of the Georgia Bar, a Certified Information Privacy Professional (CIPP/US), and a Certified Anti-Money Laundering Specialist (CAMS).

About BitPay

Founded in 2011, BitPay is the pioneer and the most experienced company in Bitcoin and blockchain payments. Its suite of products enables businesses to send and receive cross border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa® Card. The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth. For more information visit https://bitpay.com

The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank, member FDIC, pursuant to a license from Visa, U.S.A. Inc. “Metropolitan” and “Metropolitan Commercial Bank” are registered trademarks of Metropolitan Commercial Bank © 2014. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule, if any.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190508005185/en/

CONTACT: Jan Jahosky

BitPay

media@bitpay.com

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL DATA MANAGEMENT INTERNET NETWORKS SOFTWARE SECURITY MOBILE/WIRELESS PROFESSIONAL SERVICES BANKING FINANCE LEGAL RETAIL

SOURCE: BitPay

Copyright Business Wire 2019.

PUB: 05/08/2019 09:30 AM/DISC: 05/08/2019 09:30 AM

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